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Providence
1 Mulberry Ln
$308,000
● House - Off Market

1 Mulberry Ln

Lincoln, RI 02865
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,801 Ft²
$663,375
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Not a drive by! This one owner home offers carefree living on one level. Hardwoods galore, master bed w/bath,updated kitchen & bath plus fam rm w/ fireplace,air, all on corner lot. Screened porch perfect for summer entertaining. Taxes reflect H.S.exemp
Unit Size
1,801 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$172
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #71363060)

Price History

Date / Event Date Event Price
Jul 17, 2012 Sold
Premium
Sold
Apr 6, 2012 Listed by Residential Properties Ltd $309,000
Listed by Residential Properties Ltd

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,232
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,415
  • Total Building Area: 1,801
  • Gross Building Area: 3,735
  • Building Area: 1,801
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,801
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000285
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lincoln School District
  • School Tax School District: LINCOLN PS
  • Census Tract: 011701

Zoning

  • Zoning: RS12

Geography

  • Account Number: 22-03107-03
  • Parcel: LINC M:14 L:139.0 U:
  • Lot: 139.0
  • Municipality: LINCOLN
  • Latitude: 41.9122
  • Longitude: -71.4207

    Address

  • Full Address: 1 Mulberry Ln
  • Address - House Number: 1
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Lincoln
  • Carrier Code: C007
  • 4-Digit Zip Code: 2217
  • Zip Code: 02865

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $441,708

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 78
  • Final Value: 497,158
  • High Value: 580,324
  • Low Value: 413,992

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $413,100
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $253,100

    Sales

  • Current Sale Recording Date: Jul 17, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 17, 2012
  • Previous Sale Amount: $308,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Providence

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2481 ft²

Average Home Age

67.3 years

Currently For Sale

101 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71363060

Frequently Asked Questions

When was property at 1 Mulberry Lane built and last sold?
The property at 1 Mulberry Lane was built in 1971 and last sold on Jan 1, 1970 for $308,000.
How much is this home worth?
The estimated value of the home located at 1 Mulberry Lane is $321,215.
What are some comparable homes to 1 Mulberry Lane?
There are currently no comparable homes to 1 Mulberry Lane.
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